Japan-based cryptocurrency exchange, DeCurret has relisted the XRP token for trading in several pairs. Backed by the Internet Initiative Japan Inc, the country’s first internet service provider, DeCurret exchange is one of Japan’s most popular cryptocurrency trading platforms.
DeCurret Crypto Exchange Relists XRP Token
According to an anonymous account on Twitter, Japan’s top cryptocurrency exchange DeCurret has restarted trading for the XRP token. Users can find now find the digital asset on the Japanese platform for trading in several pairs.
️It appears that Decurret has re-launched $XRP trading services in Japan. #RELISTXRP pic.twitter.com/C1skjEIJMy
— KingSolomon (@XRP_OWL) April 19, 2021
While it was not easy to check whether the announcement was valid, as DeCurret has no interfaces in the English language. Meanwhile, its order book showed that XRP was trading with both Bitcoin/BTC and Japanese Yens, confirming the announcement.
While the platform’s social media page also mentioned the XRP/JPY trading pair that covers the adjustment of trading rules for major trading products.
— ディーカレット (@DeCurret) April 19, 2021
Hence, it fully confirmed that the XRP token is available for trading on the DeCurret exchange with no limitations.
XRP Army Launches Viral Campaign to Relist XRP
Earlier this year, many cryptocurrency exchanges started delisting the XRP token, due to the U.S. Securities and Exchange Commission’s lawsuit against Ripple Labs.
The blockchain-based company and its executives are accused of selling illegal securities to U.S. citizens. Following the news, many U.S.-based crypto exchanges like Coinbase and Binance US halted trading for the XRP token.
To make crypto exchanges reconsider listing the digital asset, the Ripple community launched a viral #RelistXRP on Twitter. This hashtag was pushed to the “trending” lists in many European countries.
One of the reasons why XRP supporters took towards making exchanges relist the asset could be due to new developments in the Ripple-SEC case.
An SEC lawyer present in the case said that: “no, under Section 4, only Ripple and affiliates of Ripple can have sold XRP illegally”, and that “everyone who sold XRP” was not selling “illegal securities”.
These signify that exchanges based out of the U.S. will not be held liable for the sale of XRP.